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> Rivals of Costco are angry with them for paying their employees more to get better motivated ones and less shrinkage - when if they think it is a waste of mon
by u801e 8y ago
> Rivals of Costco are angry with them for paying their employees more to get better motivated ones and less shrinkage - when if they think it is a waste of money be happy about it
Do you have a citation for this claim?
- Jgrubb 8y agoI don't have a citation, but I have read repeatedly that stock analysts cite "overpaying" their workers as a place where they could cut costs and boost short term profits.
- deleted 8y ago[deleted]
- mcv 8y agoStock analysts is not the same thing as rivals, though. If people think it's needlessly costly, competitors would cheer because their competitor is pricing themselves out of the market. As for stock analysts, if it turns out Costco gets more efficiency out of their better-paid employees because they're better, more motivated and less likely to leave, then that will eventually reflect in profits and stock price.
- zitterbewegung 8y agoAmazon is know for a large capital investment and their stock has gone up even though they could cut costs and increase their margins.
- philipodonnell 8y agoCapital investment != labor costs